New Delhi, May 8 -- Union commerce minister Piyush Goyal is likely to visit Canada on May 25 to strengthen bilateral trade and investment ties, as India and Canada on Friday concluded the second round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting bilateral trade to $50 billion.

The second round of negotiations for the proposed CEPA was held from May 4 to 8 at Vanijya Bhawan in New Delhi, the Commerce and Industry Ministry (MoCI) said.

The discussions were held in accordance with the terms of reference (ToR) signed by the trade ministers of both countries in March 2026. During the ToR signing on March 2, the prime ministers of both countries set a goal of achieving $50 billion in bilateral tr...